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Coty Inc. announced that CEO Michele Scannavini has stepped down

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By: TOM BRANNA

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Coty Inc.: announced that CEO Michele Scannavini has stepped down from his role at the company for personal reasons and resigned from Coty’s board of directors. Coty’s chairman Bart Becht will become interim CEO, working with Coty’s executive committee to ensure a smooth transition and oversee major decisions at the company.  The company intends to commence a search process for Scannavini’s permanent successor immediately. Becht will remain as chairman of the company once a permanent successo...

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